Previously, the New York Post reported Larranaga would meet with his players Thursday night, presumably to relay the news of his departure. Fox Sports reports that meeting with the team was taking place Friday morning.

Larranaga leaves behind a team that won 27 games this season before being bounced by No. 1 seed Ohio State in the second round of the NCAA Tournament. The team loses leading scorer Cam Long, but returns most of its other essential core elements.

One reason for the move would be a big bump in salary. CBS Sports reports the deal is expected to be worth more than $1 million per year.

Parrish, on Twitter, added another surprising factor for the decision: "I'm told it got "nasty" between Jim Larranaga and athletic director Tom O'Connor at the end. Both egos played a role in this happening."